As part of the Paycheck Protection Program OLSON OIL CO was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

OLSON OIL CO


Loan Amount	$1,492,200
BusinessName	OLSON OIL CO
Address	951 S Marion Road Suite 1
City	SIOUX FALLS
State	SD
Zip	57106
NAICSCode	447110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	215
DateApproved	04/13/2020
Lender	First Bank & Trust
CD	SD-
BusinessName.clean	OLSON OIL CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

OLSON PRECAST COMPANY
OLSON PRECAST OF ARIZONA
OLSON RESEARCH GROUP
OLSON TOON LANDSCAPING
OLSON URBAN HOUSING